Kefi Gold And Copper Share Discussion Threads

[jaylett] 15/4/2024 07:05

Meanwhile, back in the real world Tulu Kapi has advanced no further and it is mid-April 2024. If you want to talk about 'not understanding' things, just have a look back through the history of certain posters on this very board. Wrong, every step of the way.

[randompath] 15/4/2024 00:00

Duck - your summation of Kefi’s position is precisely the reason I think the company is currently mispriced by the market. I think many market participants are making the same assumptions you are, which I believe to be broadly misinformed in a number of areas, creating an ideal set up for a dramatic rerating up over the next six months.

[master rsi] 14/4/2024 21:20

KEFI chair says 'stars are aligning' with gold at $2,400 - 12 Apr 2024

KEFI Gold and Copper PLC (AIM:KEFI, OTC:KFFLF) executive chairman Harry Anagnostaras-Adams tells Proactive's Stephen Gunnion that "the stars are aligning" as gold continues to reach record highs as the company prepares to trigger production at its Tulu Kapi gold project in Ethiopia.

Gold at around $2,400 per ounce aligns perfectly with KEFI's plans to commence construction. This historic high in gold prices is expected to greatly enhance the company's net cash flow, with projections reaching around $90 million after expenses, Harry Anagnostaras-Adams said.

In Ethiopia, where production is expected to start within two years, the impact is most immediate and substantial, enhancing project economics significantly. Its Saudi Arabian projects, while further behind, are expected to see similar benefits in the longer term.....more

[robjm66] 14/4/2024 13:23

DDR never knows what he is talking about if you are working on timeframe first point would be initial discovery and a main inflection point would be able to get a route to finance then the stages of finance being ticked off the last stage being construction.

"On average, it takes 16.9 years from the discovery of mineral resources worldwide to production. Out of this total timeframe, the first 12.5 years on average correspond to the longest stage: discovery, exploration to feasibility; whereas the following 1.8 years are on average are dedicated to construction planning."

Plus at the moment no expected share dilution connected to the finance apart from..

"The US$70 million Equity Risk Notes remain largely from local subsidiaries of multinational corporations who have been given Government permission to invest local currency and be repaid in hard currency, repayable in cash or equity at KEFI’s election as from year 4 at then market prices;" Year four so kefi will be able to pay them out of cash flow even more easily now with the higher gold price which is likely to go even higher.

This is all basic stuff which is probably why DDR does not understand it.

[dead duck resources] 14/4/2024 12:35

Hi goatherd, I made a couple of edits to explain the jargon, hopefully a bit clearer.

[goatherd] 14/4/2024 12:28

DDR,

I really do not think you understand what you are talking about. You are spouting jargon and I fear you do not understand the definitions.

[dead duck resources] 14/4/2024 12:04

Tulu Kapi Gold Project - NPV at $2,166/oz is 7.8 pence per KEFI share (still does not reflect the current gold price but better)

Only reflects 93% of the current spot price but when the gold price is up 15% in 2024 it's quite a punchy figure to slot into the NPV calculation.

NPV reflects net cashflows from their optimistic mine plan (based on selective mining) for the life of mine (also optimist imho). The 7% NPV discount is just for time value of money, i.e. what all the unrisked and optimistic cashflow would be worth if lifted from the mine site and converted today to cash in the bank, to be withdrawn over time.

The recent spike to 0.8p meant we were trading at 1/10th of all of that, when perhaps
1/30th would be more appropriate (0.26p) after applying a more appropriate time value
risked for country location and timeframes of the mining sector. Discounting further for being pre-finance, expected share dilution and management. The reality is TK is unlikely to reach the start line even if a proven mine developer was in charge, and very unlikely indeed for this sorry outfit to reach both the start and finish line.

[robjm66] 14/4/2024 10:26

“Gold also had plenty of action this week as safe-haven demand rose for the tried and true wartime asset. Gold rose as high as $2,430 on Friday before slipping and ending the day 1.5% lower. This year, gold has managed to rise almost 15%, finally breaking above the $2,100 ceiling that has constrained it since mid-2020…”

[robjm66] 14/4/2024 09:35

Back to kefi unusual that kefi put out a presentation along with a proactive piece guess the have done so as the gold price means the underlying conditions have changed for kefi..

Tulu Kapi Gold Project - NPV at $2,166/oz is 7.8 pence per KEFI share (still does not reflect the current gold price but better)
In-situ value of KEFI’s gold is US$3.6B at today’s spot.

Saudi Arabia Projects - value indicator at $1,500/oz gold-equiv production 1.2p:
(Well not about to start producing from JQ will need DFS done first but when it does start producing gold price could well be a multiple of 1500.)

Continue arranging development financing at level of operating company
Regional Stock Exchange Initiatives for Growth Pipeline (kind of mixed messages here but maybe that is the idea see which country offers the best deal).

[barry evans] 14/4/2024 09:10

Warning alert?

“For repeated posting of "clutter" (after warning)”

[robjm66] 14/4/2024 09:10

Off topic

Saudi Arabia calls for restraint
Saudi Arabia’s Foreign Ministry has expressed concern over the “military escalation” in the region and called for restraint from all parties to avert the “dangers of wars”.

In a statement carried by official SPA news agency, the ministry warned of “serious consequences” if the conflict is expanded.

China’s Foreign Ministry has called on all parties to “exercise calm and restraint” in a statement issued in response to Iran’s retaliatory attacks on Israel.

Antony Blinken added that the US does “not seek escalation” but will “continue to support” Israel’s defence and defend US personnel.

More than 300 projectiles were fired at Israeli overnight from Iran, as well as some from Iraq and Yemen 99 percent of them were intercepted

There are also reports that Israel has been offering assurances to the US that any next steps it takes will be done in consultation, giving warning to the US prior to any military action being taken. We’re seeing leaders in Washington now looking forward to what this next step by Israel might be.
--
Next step is what is the Israeli response but with the successful shooting down of most of the projectiles and they have room for a more measured response.

[digger2779] 13/4/2024 11:42

Gold and silver took a bath later on during Friday's session but the trend is up according to analysts. Iran and Israeli tensions to blame but no mention of Harry's latest interview lol.

[robjm66] 13/4/2024 10:59

Silver break out to follow gold break out?

[robjm66] 13/4/2024 10:58

live from the vault

peter Schiff

[alhambra1] 13/4/2024 09:37

😄😆😂

[barry evans] 12/4/2024 20:17

“Rules”

It’s a free bb* for heavens sake man, do you have no concept of how foolish you look?

*forum

[dudishes] 12/4/2024 16:51

Sir, you can buy off market at 10% below market price. All yours

[master rsi] 12/4/2024 16:48

And a very clever reply for the above...
cielos 12 Apr '24 - 16:20 - 5180 of 5182
>>>> Dudishes - short closed, wait 6 month for my money
It sounds like an excuse
I see it as you are sure that the share price will rise from now on

[master rsi] 12/4/2024 16:43

They fall into their grave earlier than expected the B@startds
From the other thread
Dudishes 12 Apr '24 - 15:52
Short closed as I wish not to wait 6 months for my money.

[elpirata] 12/4/2024 16:43

good afternoon avatars

Mister RSI is currently taking a well earned break from the free bb as he tries to compose himself and regain a grip on reality

I hope this helps

[master rsi] 12/4/2024 16:39

For a change, the UT finished in the middle of the spread and a good finished as well

16:35:04 0.578 573,752 UT

[dudishes] 12/4/2024 16:30

cielos,

It could well do, if they get the shovels out?

Gold is good, but you need to produce.

I'm out as noted earlier.

As for him above, Tim is an insider, as quoted some time ago, not that it means an iota as nothing to escape the financing which is not signed up.

Promises, lovit!

[master rsi] 12/4/2024 16:28

A late buy of 3 million shares has changed the panorama to... 0.574 v 0.588p

16:25:38 0.574 3,000,000